Over the last 10 years, the top 10 Armenia-born tech startups by funding size raised around $490 million in funds, with Picsart accounting for 39.8% or $195 million.
Among these startups, only Picsart and CodeSignal have raised Series C funding, securing $130 million and $50 million, respectively․
In 2024, EasyDMARC ($20 million), Podcastle ($13.5 million), and ActiveLoop ($11 million, not included in the list) collectively raised $44.5 million.
In partnership with the 3N Startups tech blog.
Armenia-born refers to startups with offices initially established in Armenia.